Nutreco - English

Statement by the Chief Executive Officer

We are pleased with the performance in 2009 despite the economic turmoil. Nutreco applied strong measures at the beginning of 2009 to withstand the recession. Our programmes to reduce working capital and operational costs paid off. After a challenging start, we ended the year in a much stronger mode and well positioned for 2010.

Nutreco profile

Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed solutions are at the origin of food for millions of consumers worldwide. Quality, innovation and sustainability are guiding principles, embedded in the Nutreco culture from research and raw material procurement to products and services for agriculture and aquaculture. Experience across 100 years brings Nutreco a rich heritage of knowledge and experience for building its future.
Nutreco employs almost 9,700 people in 30 countries, with sales in 80 countries. Nutreco is listed on the Euronext stock exchange in Amsterdam with annual revenues of EUR 4.5 billion in 2009.

FEEDING THE FUTURE

Feeding the Future is the essence of Nutreco. It aligns and inspires our people and directs the activities of today, giving purpose to our efforts beyond earning a fair profit.
The name Nutreco reflects our activities and our concerns: nutrition, ecology and economy. Our ambition is to contribute to meeting the rising food needs in a sustainable manner. We operate at the critical junction between the raw materials used in animal nutrition and fish feeds and farmers who produce meat, fish, dairy products and eggs. In Nutreco we possess a pioneering heritage of more than a century of progress.

By applying our knowledge of feed ingredients and the nutrition of animals and fish, we gain optimum value from limited natural resources. Our ability is to convert those raw materials into advanced feed solutions that meet the needs of farmed animals and fish and contribute in delivering high-quality products for human nutrition: providing more from less.

Download Annual Report 2009

Financial highlights

Revenue from continuing operations
EUR 4,512 million

Operating result from continuing operations before exceptional items and amortisation (EBITA)

EUR 175 million

Result after tax from continuing operations
EUR 93 million

Basic earnings per share for continuing operations
EUR 2.61

Dividend per ordinary share

EUR 1.32

Information about the Nutreco share

Since 3 June 1997, Nutreco has been listed at NYSE Euronext Amsterdam. Nutreco is included in the Amsterdam Midkap Index (AMX). As at 31 December 2009, the market capitalisation of Nutreco amounted to approximately EUR 1,375 million. As at year-end 2009, a total number of 35,118,682 shares had been issued.

Nutreco: the company behind strong animal nutrition and fish feed brand

Nutreco Annual Report 2009